Global Financial Collapse Of 2008 - 908 Words

Economic growth is mostly stagnated and has been since the global financial collapse of 2008. This collapse led people into different avenues of providing financially for their families and themselves, mostly due to the loss of jobs. In addition to that, people had surrendered to the idea that their financial futures would be threatened and that there is not secure job as that is a paradigm of the past. It appeared that the only viable option would be to start a business of their own. In an effort to minimize expenses most of the businesses that these people, who are known as entrepreneurs, are starting businesses in their own homes. The businesses are referred to as home-based businesses and it is believed that they have generated a large portion of the economy in the United States alone. Some of the most profitable businesses to start are make and sell food products, teaching music, teaching a craft, photography, computer and graphic design services, and many more (Best Home-based Business Ideas, 2015). However, the one point that must be considered is that the study of entrepreneurship is not a new phenomenon as attempts to study it in a systematic manner are becoming fairly common in colleges throughout the world. What is interesting about many businesses that are home-based is that a majority of them do no possess the same characteristics as a traditional business would, â€Å"These ventures may or may not be formally registered, typically have no premises, very few assets,Show MoreRelatedThe Great Recession And The Housing Crisis1600 Words   |  7 Pagesrecession of 2007 -2008 and the Housing bubble and the latter talks about the newspapers articles and other opinions of economists which support the idea of approaching bubble. These reflect the conditions in those specific areas related to them or demonstrate the housing behavior in overall United States. THE GREAT RECESSION The financial crisis that began in August 2007 has been the most severe of the post-World War II era and, possibly--once one takes into account the global scope of the crisisRead MoreThe Financial Crisis Of 2007-20081419 Words   |  6 Pagesof the recent credit crunch. The financial crisis of 2007–2008, also known as the Global Financial Crisis and 2008 financial crisis, is considered by some economists such as Nouriel Roubini, professor of economics and international business at New York University, Kenneth Rogoff, professor of economics and public policy at Harvard University, and Nariman Behravesh, chief economist and executive vice president for IHS Global Insight, to have been the worst financial crisis since the Great DepressionRead MoreCredit Derivatives in the Recent Global Financial Crisis1671 Words   |  7 PagesCredit Derivatives in the recent Global Financial Crisis 1.0 Introduction: In the recent times credit derivatives have become a very popular financial security for investors. If we take a look at the chart given below we can see how the popularity of credit derivatives increased in the past decade. The maximum volume of derivatives was traded during the years 2005 to 2007 of which 2006 was the highest at $2000bn. Then when the financial crisis occurred at the end of 2007 the trading decreased rapidlyRead MoreThe Global Financial Crisis Of 2007-20081123 Words   |  5 PagesThe Global Financial Crisis of 2007-2008 is the worst financial crisis since the 1930’s The Great Depression (Reuters, 2009). Even if bailouts of banks by national governments prevented the collapse of major financial institutions, worldwide stock markets continued to drop. Evictions and foreclosures overwhelmed the housing market while severed unemployment embraced the labor market (Baily and Elliot, 2009). This global financial crisis was responsible for the decline in the consu mers’ wealth, andRead MoreThe Collapse Of The Lehman Brothers1638 Words   |  7 PagesThe global financial crisis of 2008 that reeked havoc on most of the financial institutions had them fall into liquidation and bankruptcy. One of the most popular and most debated incident was the failure of the Lehman Brothers. The Lehman Brothers were a leading US investment bank that was worth $600 billion (D’Arcy). The global financial crisis prompted Lehman Brothers to close its leading subprime lender (BNC Mortages) in 23 locations (). The closing of these locations were so aggressive thatRead MoreThe Issue Of Corporate Greed1287 Words   |  6 Pagesa life-ruining, economy-changing financial crisis be skewed for dramatic effect?† The Big Short tells the story of the financial crisis of 2008 and tackles the issue of corporate greed in the form of the true stories of a few men who saw the crisis coming. The issue is not overblown at all. This can be observed by simply looking to the devastation and chaos caused by banks trying to make money by preying on the poor and un-informed in the years following 2008. Most of us are old enough to rememberRead MoreDiscuss the Importance of Ethics in Business in Light of the Recent Global Financial Crisis (Gfc)1119 Words   |  5 PagesThe 2008 global financial crisis has affected today’s economy severely based on the collapses on issues such as immoral practices, governance, regulations, enterprise ethics. Factors to consider with the collapse that lead to the financial crisis is the dangerous outcomes that financial companies were not foreseen in advanced of borrowing mortgages for the companies. The change of ethics through enterprises demonstrate how business approaches to ethics over the past years where ethics is seen inRead MoreFinancial Crisis Essay1088 Words   |  5 Pagesinstitutional investors propagated the financial crises. Institutional investors, which is both, individual or compani es do enjoy the benefits of reduced commission preferential regulations. This is due to their large and professional investments. Institutional investors like the mutual funds, pension funds, hedge funds like Magnetar Capital, and Life insurance companies like the AIG and investments trusts contributed to the global financial crises of 2007-2008. This financial crisis also referred to as theRead MoreThe World Experienced A Tremendous Financial Crisis Essay1131 Words   |  5 Pages Introduction In 2008, the world experienced a tremendous financial crisis which rooted from the U.S housing market; moreover, it is considered by many economists as one of the worst recession since the Great Depression in 1930s. After posing a huge effect on the U.S economy, the financial crisis expanded to Europe and the rest of the world. It brought governments down, ruined economies, crumble financial corporations and impoverish individual lives. For example, the financial crisis has resultedRead MoreGlobal Financial Crisis : The Fall Of Lehman Brothers1250 Words   |  5 Pages Global banks indeed play crucial roles in keeping the global economic growth in track. The fall of Lehman Brothers in 2008 as the major factor for the economic downturns leading to the Global Financial Crisis, or 2008 financial crisis, proves this point. Started from the irresponsible handling of mortgages of consumers, the prices of houses in America sank. Interest rates fell while capital ratios became lax. It was a case of impending Great Depression. Given its role of lending funds and providing

Reporting on Meetings and Conferences in Journalism

So you’re writing a news story that covers a meeting—maybe a  school board hearing or town hall—for the first time, and aren’t sure where to start as far as the reporting is concerned. Here are some tips to make the process easier.​ Get the Agenda Get a copy of the meeting’s agenda ahead of time. You can usually do this by calling or visiting your local town hall or school board office, or by checking their website. Knowing what they plan to discuss is always better than walking into the meeting cold.​ Pre-Meeting Reporting Once you’ve got the agenda, do a little reporting even before the meeting. Find out about the issues they plan to discuss. You can check the website of your local paper to see if they’ve written about any of the issues coming up, or even call members of the council or board and interview them.​ Find Your Focus Pick a few key issues on the agenda that you will focus on. Look for the issues that are the most newsworthy, controversial or interesting. If you’re not sure what’s newsworthy, ask yourself: which of the issues on the agenda will affect the most people in the community? Chances are, the more people affected by an issue, the more newsworthy it is. For example, if the school board is about to raise property taxes 3 percent, that’s an issue that will affect every homeowner in your town. Newsworthy? Absolutely. Likewise, is the board is debating whether to ban some books from school libraries after being pressured by religious groups, that’s bound to be controversial and newsworthy. On the other hand, if the town council is voting on whether to raise the town clerk’s salary by $2,000, is that newsworthy? Probably not, unless the town’s budget has been slashed so much that pay raises for town officials have become controversial. The only person really affected here is the town clerk, so your readership for that item would probably be an audience of one.​ Report, Report, Report Once the meeting’s underway, be absolutely thorough in your reporting. Obviously, you need to take good notes during the meeting, but that’s not enough. When the meeting has ended, your reporting has just begun. Interview members of the council or board after the meeting for any additional quotes or information you might need, and if the meeting involved soliciting comments from local residents, interview some of them as well. If an issue of some controversy came up, be sure to interview people on both sides of the fence as far as that issue is concerned.​ Get Phone Numbers Get phone numbers and email addresses—and, depending on your style guide, home towns and ages—for everyone you interview. Virtually every reporter who’s ever covered a meeting has had the experience of getting back to the office to write, only to discover there’s another question they need to ask. Having those numbers on hand is invaluable.​ Understand What Happened Remember, to produce solid meeting stories, never leave a meeting without understanding exactly what happened. The goal of your reporting is to understand what exactly happened at the meeting. Too often, beginner reporters will cover a town hall hearing or school board meeting, dutifully taking notes throughout. But in the end, they leave the building without really understanding what they’ve just seen. When they try to write a story, they can’t. You can’t write about something you don’t understand.

Class Evaluation Free Essays

To be honest, I think the class was organized just right even though it was a very fast course. It seemed like we covered a lot of ground in just few months. I feel like I got more out of this class than I have in some of the other classes I have spent entire semesters in. We will write a custom essay sample on Class Evaluation or any similar topic only for you Order Now I also found it helpful that there was some variation in the assignments. From the assignments and researches, I achieved a great deal of understanding about critical thinking, writing a correct sentence and most of all realizing the different thoughts from different people in the class. People have their own opinions in every worked paper we have done which helps me to realize that people have different believes concerning different issues. I respect every once opinions and am happy that I took them as a good knowledge gained. I just wish I would have taken a class like this sooner! The research and actual writing process just seems so much easier once you break it down. As this is my first semester, I experienced a lot of learning experience. I hope I can use the little knowledge I gained from this class to the next classes coming my way. After taking this course, the process for writing a paper seems so much easier. It is  just a matter of learning the right techniques for finding sources and actually writing the paper. I know that I will definitely use what I have learned in the near future. I believe everybody in this class is cool, smart and each of you has a great potential in life and I hope we all achieve the same goal we pursuing in life. And hope we put what we just learned from this class into a great used. Thank you so much Dr. Lumpkin! This class has been one of the most helpful classes I have ever taken. Before taking this class, I thought I knew the proper techniques for writing a research paper, but was I wrong. One of the most helpful aspects of this class has been the fact you always want us to understand about the research. The way you teach the parts of speech was so awesome. What I really like about it is your verb agreements! At least it helps me to realize correct pronunciations of a sentence which is a great advantage and I know that’s your main motive. I believe you excellent. You are just not a good lecturer but a good mother. I said this because you were not just there to discuss about the subject but about life in general. You shared most of your life experience with the class and I am so very happy you did. You are always in a good mood whenever you come into class and this makes me confident to participate in class discussion which I am so happy of. Am just glad I had you as a lecturer all thanks to Wayne county community college. How to cite Class Evaluation, Papers

Amp Financial Company of Australia and New Zealand

Question: Discuss about theAmp Financial Company of Australia and New Zealand. Answer: Introduction This research study analyzes the business of the AMP Financial Company and also evaluates their financial data (Kelly et al., 2016). In the recent days, the AMP Financial Company leads the entire wealth management industry in Australia and New Zealand. The AMP Financial Company helps their customers by providing them financial advice, superannuation services for the business of their customers, retirement income, investments on individual products, life insurance, income protection, etc. The most important business significance of this AMP financial company is to provide services to their customers regarding all banking issues such as income protection, financial advice, selection procedure of banking products, investments in share, property, fixed interest and multi-asset funds, etc. For the AMP financial company their main motto is to understand the customer needs and provide them a good quality service which leads to their satisfaction (Buckless Krawczyk, 2016). The AMP financial company mainly helps the other business firms by researching the financial factors which help the firm to develop and improved in future. By accepting the advice and service of AMP financial company the business firms can able to get a better quality product at reasonable price and also can able to improve the standard of their firms. By analyzing the financial data the AMP financial company helps those business firms to maintain a good reputation and corporate image within the market and also helps them to gain a high level of profitability (Abhayawansa, Guthrie, 2014). The AMP financial company also helps the government through paying revenue on profit and all types of service taxes. Main Context Literature Review In this research study, the researchers want to expand the knowledge which is related to the study of the business procedure and about the financial information of the AMP Financial Company (Chan Ryan, 2013). By the help of literature review, different literature sources and theories are reviewed for collecting the useful data or information about the research topic. By reviewing that literature the researchers can able to make a better quality research study through which a clear idea about the topic can be derived easily. The research study will undergo various terms that will help in detail explanation of the selected topic (Yang, 2012). In the recent days, there are several numbers of financial institutions which are operating throughout every country. The AMP Financial Company have to follow three numbers of general observations about the literature review before discussing the individual approaches towards the development of the financial system of the company. Firstly, it bec omes more necessary to review the literature with extra caution. The recommendations within the study suggest that the countries should also need to introduce some improvement and development and also adopt innovative ideas within their organization (Berk et al. 2013). Secondly, the literature reflects that the donors and the governments have followed an approach which leads to the supply of finance and can able to emphasize the rate of increase of supply and also reduce the rate of loan cost in some specific sectors (Ghasemy et al. 2016). Thirdly the final observation is the donors and the governments have also shied away from the using of the private sectors for providing financial services to those specific sectors. The worth extant in the finance sector is described as per to the character of the financial transaction. In the recent times, the financial sectors are seriously observing contest where Latest Corporation are entering daily (Gattorna, 2016). The AMP Financial Company fundamentally describes surroundings where difficulties of the customers are interwoven beside with the services of the organization. Deliver worth to the organization also explain the service that delivers value to the customers (Keneley, 2016). As per Williamson, concerns of the organizations is associated with the customers requirements which help in better business activities and also brings a better level of sustainability to the organization. The resource-advantage theory describes the combination of the heterogeneous resources and the heterogeneous demand of the consumers. The capital of an organization can be financial, material, legal, human-based, organizational-based, informational and relational (Oh et al., 2013). As per recognition of the individuality present inside the association, main emphasis needs to be specified so that it can out hit competitor firm as well as draw clientele based on that source. At the time of adopting resource-advance theory, the organization should try to use the competitive advantage of the company to become the leading financial company and enjoy the greater number of customers compared to their competitor organizations. Research Questions for the Identified Problem or Opportunity According to the study of this research process, the researchers found some research question which clears the queries to arise at the time of studying that research paper. The main research questions for analyzing the problems and opportunities of the AMP Financial company are as follows 1. What is the fundamental problem? 2. What are the objectives? 3. What is the relationship between the issue and the company? 4. Why is it important to overcome the problem? 5. How the company planned to tackle the problem? 6. How the company planned to broadcast their results? 7. Is the cash flow is a flow of cash to the shareholders or the company? 8. Is there having any reduction of value or cost of the fixed assets of the company? 9. Is the annual net income of the company can able to made that year or it only become a number? 10. Is the book value become the best proxy to the share values? 11. Is it become possible for the AMP financial company to have positive net income which never distributes the dividends in the postponement of payments? 12. Is it better for the company to purchase shares and assets of other company? 13. How is the optimal capital structure calculated? Research Methodologies By the help of investigate method, the investigator tried to identify the most suitable research apparatus and techniques for studying the business procedure and the financial activities in the AMP Financial Company and can able to make a better quality research study. Research methodology is defined as the explanation of the process which is undertaken at the time of studying the research topic (Durocher et al., 2015). By the help of these research techniques, the researchers can able to analyze the collected financial data which help to understand the feedback of the respondents in a better way. The researchers generally analyze the financial statement of the company for revealing the importance of those items which is included in the Balance Sheet and Profit and Loss Account. According to Macmillan and Kennedy, Financial Performance is a type of scientific process by the help of which the researchers can able to evaluate the financial strength and profitability of any type of busi ness firms (Yap et al, 2014). Financial performance is actually a snapshot through which the researchers can able to determine the efficiency and ability of the company to survive within the market. By the help of the financial performance, the position of the company within the market can also be determined. Financial Performance is actually the blueprint of all those financial affairs which takes place in the organization (Bazley et al., 2013). Basically, Financial Performance is that medium through which any organization can able to evaluate the entire management performance within the organization. The key aim of the financial performance of a financial statement for the profit and loss account and Balance Sheet of a company is to diagnose the productivity, profitability, activity, liquidity and the financial condition of the business firm (Shaw, 2016). The main objective of the business is to earn satisfactory returns on that funds which are invested within the business. Gantt Chart Each and every individual research study has their own frame of times which allows the researcher to arrange their research activities throughout the whole research process. According to Bernard, the Gantt chart is a type of research tool by the help of which the researchers can able to make a list of the task according to the time which is taken by the researcher at the time of the study the whole research process. Main Activities/ Stages Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 theme choice and its scope classification of secondary information sources Development of research proposal Development of literature review report of research methodology Preparing interview/survey, ethics form Collecting principal data analyse data Comparing conclusion Conclusion as well as recommendations Finalising with submission Table: Gantt chart (Source: Developed by the author) In the table of Gantt chart, the researcher points out the most important tasks which are required to emphasis at that time when the research is conducted. Gantt chart also helps the researchers to understand the status of that particular research study. Research Process The research process is a procedure through which the entire research work is taking place. The research process of any research study takes place through certain steps (Bunney Therry, 2013). In this research study, the researchers want to analyze the financial activities of the AMP Financial Company. Therefore, for determining the financial activities of the AMP Financial Company the researcher follows the following steps Step 1: At first, the researchers determine the need for the research of the financial performance of the company Step 2: After that they to identify and define the problems Step 3: Then the researchers should establish the objectives of the research study on that particular topic Step 4: After establishing the research objectives the researchers should prepare a research design Step 5: After that, the researchers should able to identify the sources from where the data are collected and also can able to determine the types of information which are collected from various sources. Step 6: Then the researchers determine the process or methods through which they can able to access the data. Step 7: In the next step, the researchers prepares the forms and make a design for collecting the data Step 8: Then the researchers determine the size of the sample and make a plan for the sample collection process regarding the factors which can affect t the sample. Step 9: After that, the researchers collect the data Step: 10 Then they analyze the data critically Step 11: At last, the researchers prepare the whole research paper properly and present it. Data Collection and Analysis Method The data collection process in a realistic sense will permit the investigator in experience different types of public and also help the researchers to improve their interaction skills. By the help of the study of research concepts, the researchers can able to gain knowledge about the process of data collection and also help the researchers to analyze the financial performance of the AMP Financial Company in future (Horngren et al., 2013). The researchers adopt or select the data gathering process depending on the character and types of data collected and according to the topic of the research study. The Data collection process adds value to the research quality by enlarging the platform of knowledge. By the help of data collection process, the researchers can able to collect two types of data. The two types of data are 1) primary data and 2) secondary data. The primary data are those data which are collected by the researchers directly from the environment at the time of conducting t he research process. By the help of main data, the researchers can able to gather the most relevant facts and information though it takes enough time, as it is a long procedure in contrast to secondary data. Whereas, the secondary data are guided on the basis that comprises the online and offline source of data. There are two types of data which are analyzed by the researchers at the time of conducting the research study. The two kinds of data are 1) Qualitative data and 2) Quantitative data. Research Outcomes The research study is more inclined towards the outcomes related to the value due to which the customers can able to obtain a better realization and satisfaction and also can able to serve a better quality of utility as well. After reviewing the financial statement of the AMP Financial Company, the researchers determine the five-year financial summary of the AMP Financial Company. Conclusion In this research study, the researchers can able to analyze the business and financial performance of the AMP Financial Company. The most important business significance of this AMP financial company is to provide services to their customers regarding all banking issues such as income protection, financial advice, selection procedure of banking products, investments in share, etc. The resources of an organization can be financial, physical, legal, human-based, organizational-based, informational and relational. As per recognition of the individuality present inside the organization, main emphasis needs to be known so that it can out hit competitor firms as well as draw clientele based on that source. The AMP financial company mainly helps the other business firms by researching the financial factors which help the firm to develop and improved in future. By the help of this research study, everybody can able to get a clear idea about the financial performance of the AMP Financial Comp any. References Horngren, C.T., Sundem, G.L., Schatzberg, J.O. and Burgstahler, D., 2013.Introduction to management accounting. Pearson Higher Ed. Bunney, D. and Therry, L., 2013. Employability skills in the Master of Professional Accounting: One schools journey.eCULTURE,3(1), p.3. Shaw, T.M., 2016. The Question of Financial Career Paths: Which Graduate Program and/or Professional Certification Leads to the Greatest Income and Level of Satisfaction Based on a Survey of Professionals working within the Accounting/Finance Fields?. Bazley, M., Hancock, P., Fisher, C., Lovell, A., Berk, J., DeMarzo, P., Berk, J. and DeMarzo, P., 2013.Financial Accounting: An Integrated. Thomson Pty Ltd, South Melbourne. Yap, C., Ryan, S. and Yong, J., 2014. Challenges facing professional accounting education in a commercialised education sector.Accounting Education,23(6), pp.562-581. Yang, Q., 2012.An investigation of the factors that influence Chinese students to do a Master of Professional Accounting (MPA) program in New Zealand(Doctoral dissertation, Auckland University of Technology). Buckless, F. and Krawczyk, K., 2016. The relation of student engagement and other admission metrics to Master of Accounting student performance.Accounting Education, pp.1-15. Chan, H.T. and Ryan, S., 2013. Challenging stereotypes: International accounting students in Australia.Journal of Modern Accounting and Auditing,9(2), p.169. Durocher, S., Gendron, Y. and Picard, C.F., 2015. Waves of Global Standardization: Small Practitioners' Resilience and Intra-Professional Fragmentation within the Accounting Profession.Auditing: A Journal of Practice Theory,35(1), pp.65-88. Oh, C.H., Park, J.H. and Ghauri, P.N., 2013. Doing right, investing right: Socially responsible investing and shareholder activism in the financial sector.Business Horizons,56(6), pp.703-714. Abhayawansa, S. and Guthrie, J., 2014. Importance of intellectual capital information: a study of Australian analyst reports.Australian Accounting Review,24(1), pp.66-83. Keneley, M.J., 2016. The breakdown of the workplace familyand the rise of personnel management within an Australian financial institution 19501980.Business History, pp.1-18. Gattorna, J., 2016.Dynamic supply chain alignment: a new business model for peak performance in enterprise supply chains across all geographies. CRC Press. Kelly, G., Delaney, D., Chai, G. and Mohamed, S., 2016. Optimising local council's return on investment from annual pavement rehabilitation budgets through targeting of the average pavement condition index.Journal of Traffic and Transportation Engineering (English Edition),3(5), pp.465-474. Berk, J., DeMarzo, P., Harford, J., Ford, G., Mollica, V. and Finch, N., 2013.Fundamentals of corporate finance. Pearson Higher Education AU. Ghasemy, M., Hussin, S. and Daud, M.A.K.M., 2016. Academic leadership capability framework: a comparison of its compatibility and applicability in Australia, New Zealand, and Malaysia.Asia Pacific Education Review,17(2), pp.217-233.